Encryption Master Kinobi It has attracted the similarity between the current DOGECOIN price movement and those of 2017 Bull Run. Based on this similarity, the analyst suggested that the first Mimi currency can soon witness a large gathering as it did in the 2017 Taurus.
The price of Dogecoin can accumulate based on the similarity with Bull Run 2017
in X postMaster Kenobi expects that the price of Dogoin can record a large gathering based on its similarity with 2017 Paul Ran. The analyst has highlighted a similar composition between the current pattern of and its situation in mid -2017, although he admitted that there are slight differences.
Master Kenobi note that if the pattern is completely turned on, the peak of the Dogecoin price may occur by the end of April. His accompanying plan showed that in 2017, Dogecoin A witnessed The downsic trend is great Between May and September, he gathered earlier in the year. However, after the period between May and September, Doug continued its upward direction as it rose to an altitude of up to $ 0.01 in December of that year.
Likewise, the price of Dogecoin witnessed a huge trend from November until now, as it gathered between September and October last year. As in 2017, this declining trend can soon end, with Dogecoin entering the second stage of RULL Run, which can send the first Mimi currency to the current Absolute (ATH) From $ 0.73 or higher.
This is in line with the previous prediction of Master Kenobi, who saw that the price of DOGE could reflect the August stage last year when it followed a huge pump extending the extended unification period. He stated that if it reflects the August stage, Dogecoin can be recorded Increase in prices 6X from the current local bottom and the height to $ 1.25 before reaching its peak in April or May.
Dog can outperform the entire encryption market
Encryption Trader tardigrade The probability of the price of the Dogecoin price has sparked the performance of the entire encryption market. The analyst seemed convinced that this could happen as it alluded to the 2021 bull cycle when the first Mimi currency recorded historical gains, outperforming other main encryption currencies in this process.
Like Master Kenobi, Trader Tardigrade also suggested that the price of DOGE can soon start the next station of RULL Run. In another X Publication, the analyst stated that Doge showed a long tail on the daily chart. Then aroused the possibility of this candle Running bullAs in late 2024. Trader Tardigrade also confirmed that the first Meme is still pumping the ability to pump.
At the time of writing this report, the DOGECOIN price is traded by about $ 0.26, a decrease of about 2 % in the past 24 hours, according to Data From Coinmarketcap.
Distinctive image from Adobe Stock, Chart from TradingView.com
